Group 1 - Brera Holdings PLC is focused on expanding its global portfolio of men's and women's football clubs through a multi-club ownership strategy, with Juve Stabia being a key part of this strategy [2][8] - The live streaming of Juve Stabia's Serie A playoff match on Destination Calcio TV highlights the club's growing international profile and demand [2][3] - Juve Stabia's recent performance, including a 2-1 victory in the semifinal opener and finishing 5th in the Serie B standings, showcases the club's competitive potential [4][5] Group 2 - Brera Holdings aims to enhance international media visibility, matchday revenue growth, and community engagement to build sustainable football brands [5] - The company has made strategic investments and acquisitions, including a 90% stake in Fudbalski Klub Akademija Pandev and a majority stake in UYBA Volley, diversifying its portfolio [7] - The acquisition of a majority stake in Juve Stabia marks a significant expansion of Brera's multi-club ownership model, with a current 38.46% equity ownership interest [8]

Leadership Changes - Tinder's CEO Faye Iosotaluno is stepping down in July after less than two years in the role, amid challenges in user growth and pressure from activist investors [1][4] - Match Group's CEO Spencer Rascoff will temporarily lead Tinder and has not named a replacement for Iosotaluno [4][5] Activist Investor Influence - Activist investors, including Elliott Management, Starboard Value, and Anson Funds, have acquired significant stakes in Match Group, prompting calls for cost-cutting and margin improvements [6][8] - Match Group signed an agreement with Elliott Management after the activist firm reportedly purchased a $1 billion stake in the company [6] Company Strategy and Performance - Rascoff has initiated a turnaround strategy, including a 13% workforce reduction, primarily affecting Tinder [7] - Iosotaluno previously indicated that Tinder would not return to revenue growth until 2027, while Rascoff expressed optimism about recent product momentum [11] - Tinder is testing new features, such as double-dating options and an AI "wingman" prototype to enhance user engagement [11][12]

Core Insights - Brera Holdings PLC is expanding its international presence through its multi-club ownership strategy, with a focus on increasing the visibility of its football clubs, particularly S.S. Juve Stabia, in key markets like the U.S., Canada, and the UK [2][3][4] Group 1: Company Strategy and Expansion - The live streaming of Juve Stabia's Serie A playoff match on Destination Calcio TV highlights the club's growing international profile and aligns with Brera Holdings' strategy to expand its footprint [2][3] - Brera Holdings aims to build sustainable, globally recognized football brands by prioritizing international media visibility, matchday revenue growth, and community engagement [5] - The company has made significant acquisitions and investments, including a 90% stake in Fudbalski Klub Akademija Pandev and a majority stake in UYBA Volley, diversifying its portfolio across different sports [7][8] Group 2: Performance and Market Position - Juve Stabia finished 5th in the Serie B standings and won its opening playoff match against Palermo, showcasing the club's competitive performance [4] - The club's strategy to reach international audiences is part of a broader trend in football towards the internationalization of media rights, catering to fans seeking authentic stories beyond traditional clubs [4][5] Group 3: Future Growth Opportunities - Brera Holdings is focused on creating opportunities for tournament prizes, sponsorships, and professional consulting services, aiming for innovation-driven growth and social impact [6][8] - The acquisition of Juve Stabia marks a significant step in the company's multi-club ownership model, with a strategic emphasis on bottom-up value creation [8]

Match Group (MTCH) FY Conference May 13, 2025 09:30 AM ET Speaker0 You're coming up on your one hundredth day, I believe this week actually, as CEO. Where have you spent your time and what are your priorities going forward for the company? Speaker1 My first priority in the way I've spent most of my time has been rebooting the company culture. And I know that can kind of sound sort of touchy feely. Sometimes it it settings like this. But I will tell you from having run tech companies for twenty five years, i ...

作者 |Gary-alexander 我在今年2月就对Match集团（NASDAQ: MTCH）发出过看空预警，当时其股价还徘徊在33美元左右。此后该股持续走低，估值倍数倒是随之 改善。值得关注的是，新任CEO斯宾塞·拉斯科夫（互联网行业资深高管，曾任Zillow CEO、Hotwire创始人）正大刀阔斧推进改革，包括裁员 13%的大动作。虽然这些节流措施算得上利好，但付费用户大规模流失的残酷现实仍难以忽视。基于此，我维持对该股的"卖出"评级。 在我看来，问题的核心在于Match集团很可能继续让市场失望。需要提醒的是，该公司在2024年12月的投资者日上曾公布三年增长计划，提出到 2025财年实现4%-6%的年均复合收入增长率，并将调整后运营利润率目标定在39%。但现实情况是...... 在经济下行周期中，消费者对付费产品本就已产生抵触情绪，Match集团实现长期增长目标的难度进一步加大。需要指出的是，该公司4-6%的复 合年增长率目标，建立在Tinder恢复至个位数低段增长（1-3%）、Hinge实现约20%复合年增长率的基础之上。 但公司一季度在这两项指标上均未能达标，而Tinder的运营利润率下降，表明 ...

Core Viewpoint - Match Group reported first-quarter 2025 earnings of 67 cents per share, matching estimates, with a 52.3% increase year-over-year, while revenues of $831 million decreased 3% year-over-year but exceeded estimates by 0.39% [1][10] Financial Performance - Direct revenues were $812.4 million, down 4% year-over-year, while indirect revenues increased 30.8% to $18.7 million, driven by Hinge's strength [2] - Total payers decreased 5% year-over-year to 14.198 million, surpassing estimates by 0.25%, while revenues per payer (RPP) increased 1% to $19.07, lagging estimates by 0.4% [3] - Tinder's direct revenues fell 7% year-over-year to $447.4 million, exceeding estimates by 0.16% [3] - Hinge revenues grew 23% year-over-year to $152.2 million, with payers increasing 19% to 1.697 million and RPP rising 3% to $29.90 [4] - Evergreen and Emerging revenues declined 12% year-over-year to $149.2 million, with payers down 16% to 2.395 million and RPP up 5% to $20.76 [5] Operating Details - Total operating costs and expenses were 79% of revenues, decreasing 2% year-over-year to $658.6 million, with adjusted operating income down 2% to $275 million, representing a 33% margin [6] Balance Sheet - As of March 31, 2025, cash and cash equivalents were $414 million, down from $970.7 million as of December 31, 2024, while long-term debt decreased from $3.8 billion to $3.5 billion [7] - The company repurchased 6.1 million shares for $195 million in the quarter and an additional 3.5 million shares for $100 million in April 2025, with $1.45 billion available under the current repurchase program [8] Guidance - For Q2 2025, revenues are expected to be between $850-$860 million, indicating a 3% to flat year-over-year decline, with adjusted operating income anticipated in the range of $295-$300 million, suggesting a 2-4% decline [9] - For full-year 2025, revenues are projected between $3,375-$3,500 million, implying a 3% year-over-year decline to 1% growth, with adjusted operating income expected between $1,232-$1,278 million [10][11]

Group 1 - The stock market has rebounded sharply from recent lows, but caution is still advised as the economy may be in or approaching a recession [1] - Gary Alexander has extensive experience in covering technology companies and advising startups, providing insights into current industry themes [1] Group 2 - The article emphasizes the importance of being vigilant despite market rebounds, indicating potential economic challenges ahead [1]

As filed with the Securities and Exchange Commission on May 8, 2025 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 2 Page Number Table of Contents PART I FINANCIAL INFORMATION FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2025 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from__________to__________ Commission File No ...

For the quarter ended March 2025, Match Group (MTCH) reported revenue of $831.18 million, down 3.3% over the same period last year. EPS came in at $0.67, compared to $0.44 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $827.91 million, representing a surprise of +0.39%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.67.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ex ...

Match Group (MTCH) came out with quarterly earnings of $0.67 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.44 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this media and internet company would post earnings of $0.84 per share when it actually produced earnings of $0.82, delivering a surprise of -2.38%.Over the last four quarters, the company has surpassed consensus EPS estimates just once.Match Group, whi ...